Fast track
Cos on revamp mode score
IN a flat market, only stocks of obscure and unknown companies have had sharp swings in prices. Big names have had some modest gains and a few of them such as German Remedies have been in the red. Restructuring appears to be boosting the valuation of sel ect stocks.

Impact
Edible oil: Palatable relief
THE Government's decision to sharply hike import duty on edible oils for the third successive time since December 1999, could provide a temporary breather to companies engaged in the marketing of branded oils, which have been facing steady price erosion due to a flood of imports.

Balaji Telefilms: Near-term interest
IT is not often that a stock gets in the midst of a major corporate action on the day of listing.

Stocks
Bear run mauls Infosys, Wipro and Satyam
MARKETS were in a bearish mode on Wednesday. The sensitive index at the Bombay stock exchange was mired at 3862 point levels coming off earlier highs of 3947.98 points.

Lyons Range
THE Kesoram Industries counter moved up on Wednesday to close at Rs 25 against the previous closing of Rs 23.90 at the Calcutta Stock Exchange.

Technical Analysis
Indices neutralised
THE downtrends in both the indices were neutralised in the initial bull move on Wednesday. The sentiment of the market became mildly bearish. The bullish trigger levels of the indices are far away and are unlikely to be triggered on Thursday. The bearish trigger levels are very close, and hence, are likely to be triggered in case of a bear move.

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